Fed Officials Split on Inflation Outlook as Venezuela Weighs OPEC Exit

Federal Reserve officials are sending mixed signals about their inflation outlook, sparking uncertainty among investors. Some Fed officials believe higher interest rates are necessary to curb rising prices, while others see less urgency in raising rates.

Venezuela is considering whether to leave the Organization of Petroleum Exporting Countries (OPEC), a move that could deal a significant blow to the oil cartel it helped establish over six decades ago.